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UK's Senior in advanced talks for sale of aerostructures business
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UK's Senior in advanced talks for sale of aerostructures business
Mar 2, 2025 11:42 PM

March 3 (Reuters) - British engineering firm Senior Plc ( SNIRF )

on Monday said that it was in advanced negotiations with

a small number of interested parties for the sale of its

aerostructures business, which the company also expects to turn

profitable this year.

The supplier to Boeing ( BA ) and Airbus has

benefited from increased demand for new and replacement aircraft

parts, as commercial flying recovers to pre-pandemic levels and

production, and supply chain snags at top customers stabilise.

Aerostructures forms part of Senior's majority Aerospace

unit, which builds and supplies aircraft parts to jet makers

across commercial and defence use.

The company expects the sub-unit to make an operating profit

of 9 million to 11 million pounds ($11.3 million to $13.9

million) for 2025.

($1 = 0.7943 pounds)

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